The member-based organization representing everything from fintech startups to fintech-friendly financial institutions is on a mission to advance a whole-of-government approach to supporting Canada’s emerging fintech ecosystem.
Formerly operating as Paytechs of Canada, the new organization and its members hope to play a major role in the conversations that will define the future of financial services in Canada, including payments modernization, open banking, the digitalization of money, and the modernization of anti-money laundering and terrorist financing law in Canada, among others.
With new regulation needed, slow progress on innovation policy, and unbalanced representation in Ottawa, a unified voice for fintech in Canada has never been more important. That said, we here at Fintech.ca would have welcomed a different name for the new organization.
Fintechs Canada’s board leadership have deep subject matter expertise and represent the vast range of fintech interests, including those in lending, payments, data aggregation, blockchain, banking, and the cooperative sector.
Companies represented on their board include Nanopay, Borrowell, Flinks, Portage Ventures, and more. Member companies include Money Clip, Vopay, Mogo, Wealthsimple, and more.